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Python for FinTech - FinTech Projects and Use Cases
python, data engineering

Python for FinTech - FinTech Projects and Use Cases

FinTech is a combination of the terms "finance" and "technology." It refers to any business that leverages technology to improve or automate financial services and operations. Python comes in handy in a broad range of FinTech use cases. Its clear programming language syntax and amazing ecosystem of tools make it one of the best technologies.

SDLC vs STLC: What's the Difference?
software development

SDLC vs STLC: What's the Difference?

Although similarly named, the Software Development Life Cycle (SDLC) and Software Testing Life Cycle (STLC) are two separate and distinct processes for ensuring success within software delivery projects. Let’s take a look at how you can get the best out of both of these for your software delivery project:

Staff Augmentation vs Managed Services
software development outsourcing

Staff Augmentation vs Managed Services

Traditional outsourcing is often delivered as on-demand team augmentation. In this model you are in charge and decide what to do, how, and when to do it. This requires that you have an existing leadership structure on your side. When it comes to Managed Services, the part where you take over the whole process is far more limited. You can focus on your company operations and you can be sure that the IT services you need are handed off to the provider.

Top 15 Software Vendor Interview Questions
software development contract

Top 15 Software Vendor Interview Questions

So, you’ve decided to outsource your software development. Congratulations! You’ve just made the first step towards the implementation of an awesome new software project, and now it’s time for phase two: finding the right software vendor. This is another crucial stage of the process. The vendor that you choose has the potential to massively increase the quality of your project or be a factor behind its failure! It goes without saying, therefore, that plenty of time and focus should be spent on this part of the development lifespan.

How is Python Used in Finance?
data engineering

How is Python Used in Finance?

The finance sector is evolving daily, and now financial institutions are not only concerned with finance, but also with technology as an asset. Technology provides a competitive advantage as well as increased speed in the rate and frequency of financial transactions by financial institutions, among other things. Python is the most popular programming language in finance. Because it is an object-oriented and open-source language, it is used by many large corporations, including Google, for a variety of projects.

How to Create Ownership Mentality
software development

How to Create Ownership Mentality

Are you looking for a way to dramatically increase the level of performance of teams across your organization? Ownership mentality is the answer. No matter the size of your company or the teams within it, fostering an ownership mindset pays dividends: increased speed and agility, higher levels of performance, better innovation, more strategic leadership, and greater employee engagement and satisfaction. As a leader, you must ensure that your staff is fully invested in their work and committed to the larger goals of the organization.

Custom Software Development Contract Template Checklist
software development contract

Custom Software Development Contract Template Checklist

As a leader commissioning software development, you have several interactions with vendors providing services. Building trust between you and the vendor is essential to successful collaboration. How do you build trust, while preserving your rights and the vendor’s obligations? To answer this, we must first define a software development contract and its essential terms and conditions. The custom software development contract is a legally binding document that establishes the terms and conditions of the relationship between the customer and the contractor.

Software Projects Outsourcing
software development outsourcing

Software Projects Outsourcing

Outsourcing the work for your software can be a real game changer for your company. Not only can it have the effect of saving time, but it can also save you money and get working software delivered faster. But what exactly do we mean by software outsourcing, and what’s the best way to go about it? At Softkraft, we spend a lot of time assisting with outsourcing software. So, read on for the inside scoop on what it looks like and how it can benefit your business.

What is Data Maturity & How to Climb the Data Maturity Scale?
data engineering

What is Data Maturity & How to Climb the Data Maturity Scale?

Data is one of the most valuable assets that a company can have today. Harnessing the full potential data offers can offer a wealth of benefits. You’d be surprised how many companies fall down on making the most out of data, so read on to find out how you can jump ahead of the pack in that respect. One of the best ways to do this is to understand data maturity and put yourself on the right path to climb the data maturity scale. But which data maturity models should you choose to be able to do that?

How to Protect Intellectual Property when Outsourcing?
software development outsourcing

How to Protect Intellectual Property when Outsourcing?

In recent years, firms that want to save time, be more flexible, save money, and increase productivity have turned to outsourcing. About 43 percent of companies in the United States outsource programming jobs. Outsourcing permits these firms to focus on what they do best while contracting the services of other firms. However, it is fraught with risks. Threats to the security of their intellectual property rights are among them.